00:02
Rianz corporation is a service company that measures its output by the number of customers serve.
00:07
The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for october.
00:16
So what we have here is revenue, employee salaries and wages, travel expenses, and other expenses.
00:25
And over here we have the fixed element per month.
00:27
We, for employee salaries and wages, it's 42 ,300.
00:33
And for other expenses, it's 31 ,500.
00:36
The second column here, we have variable element per customers served.
00:41
For revenue, it's 4 ,100.
00:44
Employee salaries and wages, it's 3 ,100...